Tax credit for Elderly Individuals and Military Retirees is available for residents who are over 65 years of age, and who either have lived in their home for at least 40 consecutive years, or those who are retired from one of the United States armed forces (a Military Retiree, including a surviving spouse). The surviving spouse cannot be remarried, and must meet the eligibility criteria, and submit an application on or before April 1st of every year to receive the credit on the next fiscal year property tax bill.
Click on links below for criteria and general information.
The bill provides a 20% credit on County property taxes, for owner-occupied homes. One of the owners of the home must meet the eligibility requirements noted above. The credit is granted for 7 consecutive years, and the credit is not available after that 7-year period. Note: the applicant only needs to apply once.
Credit will be considered for property owners who are at least 65 years of age and have lived in the same home for at least 40 consecutive years; and if the dwelling has an assessment of $700,000 or less at the time of the application.
The tax credit will be considered for property owners that are at least 65 years of age and are military retirees; and if the dwelling has an assessment of $550,000 or less, at the time of the application. If the dwelling exceeds $550,000, then the property is not eligible for a credit. New applications (for eligible seniors or military retirees as noted above) for tax year beginning on July 1, are due on September 1 (when applications are processed). The application can be printed by clicking on the link below.
An individual only needs to apply for the credit once. Any application received prior to the deadline will be processed in the next levy year.
Please click on links for more information.